Inflated Ordered Outcomes

11 Pages Posted: 12 Jan 2014

See all articles by Robert D. Brooks

Robert D. Brooks

Monash University; Financial Research Network (FIRN)

Mark N. Harris

Curtin University

Christopher Spencer

Loughborough University

Multiple version iconThere are 2 versions of this paper

Date Written: May 1, 2012

Abstract

We extend Harris and Zhao (2007) by proposing a (Panel) Inflated Ordered Probit model, and demonstrate its usefulness by applying it to Bank of England Monetary Policy Committee voting data.

Keywords: Panel Inflated Ordered Probit, random effects, inflated outcomes, voting, Monetary Policy Committee

JEL Classification: E5, C3

Suggested Citation

Brooks, Robert Darren and Harris, Mark N. and Spencer, Christopher, Inflated Ordered Outcomes (May 1, 2012). CRAE Research Paper No. 06062012. Available at SSRN: https://ssrn.com/abstract=2378093 or http://dx.doi.org/10.2139/ssrn.2378093

Robert Darren Brooks

Monash University ( email )

Wellington Road
Clayton, Victoria 3168
Australia

Financial Research Network (FIRN)

C/- University of Queensland Business School
St Lucia, 4071 Brisbane
Queensland
Australia

Mark N. Harris (Contact Author)

Curtin University ( email )

Kent Street
Bentley
Perth, WA WA 6102
Australia

HOME PAGE: http://business.curtin.edu.au/contact/staff_directory/?profile=Mark-Harris

Christopher Spencer

Loughborough University ( email )

Ashby Road
Nottingham NG1 4BU
Great Britain

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